DJE Kapital AG Buys New Stake in AngloGold Ashanti plc (NYSE:AU)

DJE Kapital AG acquired a new position in AngloGold Ashanti plc (NYSE:AU - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 65,500 shares of the mining company's stock, valued at approximately $1,478,000.

Several other large investors also recently added to or reduced their stakes in AU. FMR LLC increased its stake in AngloGold Ashanti by 39.5% in the 3rd quarter. FMR LLC now owns 10,448,445 shares of the mining company's stock worth $277,968,000 after acquiring an additional 2,957,304 shares during the last quarter. Van ECK Associates Corp increased its position in shares of AngloGold Ashanti by 10.9% in the fourth quarter. Van ECK Associates Corp now owns 25,411,814 shares of the mining company's stock worth $586,504,000 after purchasing an additional 2,491,130 shares during the last quarter. Ninety One UK Ltd bought a new position in shares of AngloGold Ashanti in the fourth quarter worth approximately $45,043,000. TT International Asset Management LTD raised its stake in AngloGold Ashanti by 51.3% in the third quarter. TT International Asset Management LTD now owns 2,836,110 shares of the mining company's stock valued at $75,525,000 after purchasing an additional 962,141 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in AngloGold Ashanti by 159.0% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,251,492 shares of the mining company's stock valued at $33,327,000 after purchasing an additional 768,363 shares during the last quarter. Institutional investors own 36.09% of the company's stock.

AngloGold Ashanti Stock Performance

Shares of NYSE:AU traded up $0.62 during trading on Wednesday, hitting $31.00. The company's stock had a trading volume of 244,710 shares, compared to its average volume of 2,308,891. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.73 and a quick ratio of 1.14. AngloGold Ashanti plc has a 12 month low of $20.05 and a 12 month high of $33.77. The firm has a market cap of $13.01 billion, a price-to-earnings ratio of 9.70 and a beta of 0.96. The company has a 50-day moving average of $28.47 and a 200-day moving average of $27.68.

AngloGold Ashanti (NYSE:AU - Get Free Report) last issued its quarterly earnings results on Wednesday, February 19th. The mining company reported $0.89 earnings per share for the quarter, missing the consensus estimate of $0.99 by ($0.10). The business had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.75 billion. On average, sell-side analysts expect that AngloGold Ashanti plc will post 3.83 earnings per share for the current year.

AngloGold Ashanti Increases Dividend

The firm also recently announced a semi-annual dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be paid a dividend of $0.69 per share. This represents a yield of 2.8%. The ex-dividend date of this dividend is Friday, March 14th. This is an increase from AngloGold Ashanti's previous semi-annual dividend of $0.22. AngloGold Ashanti's dividend payout ratio (DPR) is 43.13%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Royal Bank of Canada reissued an "outperform" rating and issued a $36.00 price target on shares of AngloGold Ashanti in a report on Thursday, February 20th. StockNews.com cut AngloGold Ashanti from a "buy" rating to a "hold" rating in a research note on Tuesday, November 12th. JPMorgan Chase & Co. reduced their price objective on AngloGold Ashanti from $37.00 to $32.00 and set an "overweight" rating on the stock in a research report on Friday, December 6th. Finally, Scotiabank increased their target price on shares of AngloGold Ashanti from $30.00 to $34.00 and gave the company a "sector perform" rating in a report on Tuesday, February 25th. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $34.00.

AngloGold Ashanti Profile

AngloGold Ashanti plc operates as a gold mining company in Africa, Australia, and the Americas. The company primarily explores for gold, as well as produces silver and sulphuric acid as by-products. Its flagship property is a 100% owned Geita mine located in the Lake Victoria goldfields of the Mwanza region in north-western Tanzania.